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Code · Vermont · Title 32 — Taxation and Finance · Chapter 3

§ 133.

103 words·~1 min read·/vt/title-32/chapter-3/133

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§ 133. Duties
(a)The Board shall have authority to make expenditures necessitated by unforeseen emergencies and may draw on the State’s General Fund for that purpose.
(b)Pursuant to section 706 of this title, the Board shall also have authority to transfer appropriations made to other agencies and to use the transferred amounts to make expenditures necessitated by unforeseen emergencies.
(c)In a fiscal year, the sum of the Board’s expenditures under subsections
(a)and
(b)of this section shall not exceed two percent of the total General Fund appropriation for the year of the expenditures. (Amended 2007, No. 65, § 287.)
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